Approach Quote by Richard Dennis
“The market being in a trend is the main thing that eventually gets us in a trade. That is a pretty simple idea. Being consistent and making sure you do that all the time is probably more important than the particular characteristics you use to define the trend. Whatever method you use to enter trades, the most critical thing is that if there is a major trend, your approach should assure that you get in that trend.”
About This Quote
Source Interview: Trading Strategies, Richard Dennis, 1990s
Consistently following the dominant market trend is more crucial than the specific method used to identify it.
In simple terms: Follow the main trend, not just any signal.
Key Takeaway
Prioritize trend detection over complex indicators.
Themes
trading
consistency
trend analysis
Mood
focused
pragmatic
Type
advice
instructional
When to use this quote
- stock investing
- forex trading
- commodity markets
- portfolio allocation
Key Concepts
market dynamics
risk management
Questions to Reflect On
- How do you confirm a trend is genuine?
- What safeguards prevent over‑reliance on trend alone?
A Different Perspective
Trend identification can be ambiguous in choppy markets.
